Programs & Services > Resident Programs > FUNDFUND: eviction prevention
What is FUND?
The FUND program supports households experiencing a temporary financial hardship that has affected their ability to pay rent on time. Job loss, reduced work hours, illness, caregiving responsibilities, a major car repair, or other unexpected expenses can quickly put housing stability at risk when a household has limited financial resources to absorb the impact.
FUND provides a structured way for residents to catch up on past-due rent while continuing to pay their current rent. Participants work with a FUND Coordinator to review their household budget and develop a six-month repayment plan. Each participant begins with a 10% down payment and ultimately contributes approximately 25% of their past-due rent.
Upon successful completion of the repayment agreement, FUND provides a grant directly to property management to eliminate the remaining eligible balance. Participants also complete an online financial education course created by the National Financial Educators Council. The course gives participants an opportunity to build on their existing knowledge and explore topics such as credit, saving, investing, and homeownership.
FUND’s shared approach helps households resolve past-due rent, remain housed, and move forward with greater financial stability.
FUND in action
Alan had to take unpaid time off work to have surgery, and complications extended his recovery. As a result, he fell two months behind on rent, owing a total of $2,410. Though fully recovered and back at work, catching up on this past-due amount would have been impossible and put him at risk of eviction.
After learning about FUND from his property manager, Alan completed an online application and met with the FUND Coordinator to review his monthly budget. The budget confirmed he could keep up with future rent payments, making him eligible for the program. Together, they developed a repayment plan: Alan paid a $214 down payment, followed by six monthly payments of $62. He also enrolled in the online financial literacy course.
When he successfully completed all his payments and the course, FUND paid $1,197 to his property manager to eliminate his remaining balance. At the end of the program, Alan had a fresh financial start and greater confidence in managing his future finances.
FUND’s One Year Impact
In its first year, FUND helped stabilize 39 households representing 101 people. Twenty households successfully graduated from the program, while another 19 were actively enrolled and in good standing at the end of Year One.
Across these 39 households, FUND pledged $100,689 in matching grants to help resolve past-due rent. Combined with participant repayments, $134,972 in past-due rent was repaid or scheduled for repayment. This early investment is projected to help properties avoid an estimated $538,131 in eviction-related costs.
39 households stabilized
101 people impacted
$100,689 in FUND matching grants pledged
$134,972 in past-due rent repaid or scheduled for repayment
$538,131 in estimated eviction costs avoided
$5.35 in estimated eviction costs avoided for every $1 in FUND assistance pledged
FUND’s Year One Impact Report takes a deeper look at who the program served, what caused households to fall behind, the economics of early intervention, and what we learned during the program’s first year.
Want to bring FUND to your property?
FUND is currently available to residents at select Compass-affiliated properties, but the need for eviction prevention reaches far beyond these communities.
Compass partners with property owners, developers, and local leaders to expand access to FUND. By bringing this program to your properties or city, you can help stabilize residents while reducing financial strain on affordable housing operations.
For every $1 invested in grant funding, property owners save an average of more than $5.35 in eviction-related costs and lost rent—making FUND both a compassionate solution and a smart financial decision.
If you’re interested in offering FUND to your residents or community, we’d love to connect.
Contact us at fund@compassfah.org to learn more.
How to Apply
If you are interested in FUND, please speak to your property manager to see if you are eligible. If eligible, you will receive a code to complete an online application. Already have a code? Apply now.
Si estás interesado en el Programa FUND, por favor, habla con el administrador de tu propiedad para ver si reúnes los requisitos. Si es así, recibirás un código para completar una solicitud en línea. ¿Ya tienes un código? Aplícalo ahora mismo.